Ecuador

BMI View: We have grown extremely bearish on Latin America's growth prospects as the region faces a darker age of lower commodity prices, stricter financing, and waning demand. In... 2008-12-23

BMI View: We have grown extremely bearish on Latin America's growth prospects as the region faces a darker age of lower commodity prices, stricter financing, and waning demand. In... 2008-12-23

BMI View: Ecuador's outright suspension of external debt payments, which has triggered the first major default since Argentina in 2001, will inevitably put Latin America's sovereign... 2008-12-15

BMI View: President Rafael Correa's decision to not pay interest due on the US$ Global 12 bond means our core scenario is now playing out, and Ecuador looks set to enter formal default... 2008-12-15

The Latin American sovereign credit space remains firmly in distressed territory, with risk premia across the board pricing in a far greater probability of default than in Q308. Stubbornly... 2008-11-25

BMI View: With Ecuador's government mulling over whether to pay the latest coupon on its external debt, we are bracing ourselves for potentially the first sovereign default since... 2008-11-17

The sovereign credit profile in Latin America has deteriorated markedly since the last edition of our proprietary risk ratings, to the point where the region's creditworthiness is... 2008-11-13

The risk thermometer in Latin America's credit markets has been off the scale in recent weeks, mirroring the financial shake-out witnessed across the EM universe. Indeed, the spread... 2008-10-22

BMI View: We have started to witness a spate of nationalisations, referenda and constitutional proposals across Latin America, which have started to dictate investor sentiment and... 2008-08-19

In spite of the remarkable economic resilience exhibited across the region earlier in the year, global headwinds have now started to damage the macroeconomic outlook in Latin America.... 2008-08-14